Business
Companies
Updated
Mergers & acquisitions
‘Now is the right time’: Virgin and Qantas ink deals ahead of travel boom
The bosses of both Qantas and Virgin are hoping to get an edge in the post-pandemic travel boom.
- by Jessica Yun
Latest
Mauled: Part of Box Hill centre knocked down to make way for towers
The $8.5 billion landlord will start work on a 51-storey apartment tower, 25 level office and new town square.
- by Simon Johanson
Opinion
Aviation
‘Earn and burn’: Why Qantas wants to become a package tour operator
With money pouring into a new fleet, new routes and now curated package holidays, Qantas is spending its way back to growth.
- by Elizabeth Knight
Facebook’s Australian tax bill just $24 million as profits double
Facebook Australia funnelled nearly $1 billion in local advertising revenue to an international subsidiary.
- by Zoe Samios
Opinion
Billionaires
‘Party of hate’: Why Silicon Valley’s rift with the White House is growing deeper
Once-strong ties between US Democrats and Silicon Valley, the new heart of American corporate power, have broken down.
- by James Titcomb
Farmers want clarity from Labor on path to net zero: Elders CEO
Elders boss Mark Allison wants the new federal government to help farmers “get on” with the job of cutting emissions.
- by Jessica Yun
Opinion
Casinos
Star Entertainment a sitting duck as it sinks into governance void
The casino operator is now just a hasty patchwork of interim executives, cobbled together to run a $3 billion company that’s increasingly vulnerable to an opportunistic takeover.
- by Elizabeth Knight
BNPL sector needs to dig itself out bad debt hole, says Zip chair
Diane Smith-Gander says the buy now pay later group has a positive story to tell but the entire sector missed a fundamental shift in the market.
- by Sarah Danckert
Opinion
Interest rates
Walking dead: The zombies may finally be killed off
Since the 2008 financial crisis, low interest rates have provided a lifeline for companies that might otherwise not have survived. But the tide is going out for these “zombie” companies.
- by Stephen Bartholomeusz
Incitec Pivot to break up fertiliser, explosives businesses
The $7b Australian chemicals giant has revealed a plan to split off its mining explosives division from its fertiliser arm by the middle of next year.
- by Nick Toscano
SBS says translated election debates helped public ‘engage fully’
SBS translated televised election debates for the first time. The managing director says this has helped multicultural communities engage on the issues that matter.
- by Zoe Samios